Year-End Accrual and Timing of PHSP Deductions
Insured and self-insured plans follow different deduction timing rules at year-end.
Marguerite Osei-Bonsu
Section
Corporate Tax Treatment
6 stories in Corporate Tax Treatment.
PHSP Interaction With Payroll Remittances and CPP/EI
Qualifying PHSP status eliminates CPP and EI withholding on medical benefits.
Marguerite Osei-Bonsu
PHSP Cost Deductibility for Professional Corporations in Alberta and Ontario
Structuring the plan correctly saves the deduction; missing one requirement costs you all of it.
Daniel Szymański
Bookkeeping Entries for HSA Claims and Reimbursements
Proper debits and credits prevent the most common HSA bookkeeping mistakes.
Theo Abramowitz
T4 Reporting Obligations for PHSP Benefits
Misclassifying a plan as a PHSP creates downstream reporting errors on every required form.
Marguerite Osei-Bonsu
HSA Administration Fee Tax Treatment at the Corporate Level
Employer-paid HSA admin fees follow business expense rules, not contribution rules.
Theo Abramowitz